Monday, May 20th 12:44 PM IST

The Experts Panel at the BRICS Connect Conference

Hands On Experts Panel on the current dynamics for M&A deal flow in the emerging economies at the BRICS Connect 1st Quarter Conference at the CitiGroup Cente...

Citigroup sues Barclays over losses tied to Lehman

May 08, 2013    

REUTERS - Citigroup Inc (C.N) has sued Barclays Plc (BARC.L) to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc soon after Lehman's bankruptcy.The complaint filed late Monday in the U.S. District Court in Manhattan related to Citigroup's role in the Continuous Linked Settlement system, which was designed to ensure that foreign ...

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